Posts Tagged ‘Citigroup’

When people talk of “radicalization”, they think of “Alt-Right” and Jihadism. Thus they confuse the piece of bark they look at, its little worms squirming, with the disease which has made the forest die. Some, it’s true, are paid to entertain the confusion. Professors in the highest universities come out, and accuse low lives, be they “Jihadists” or “Alt-Right” of being bad. Instead of contemplating at the immense forest of radical corruption beyond, and above, which feeds those little worms. Thus Tariq Ramadan, a man who stealthily preached lethal violence against women, advised government all over, and enjoyed posts in a dozen universities, including Oxford, all the way to Japan. While French police kept in trust, the physical evidence of his rapes.

Want radicalism? What is radical is that revered Queen Elizabeth II of England, head of countless states, has just been revealed to be a 99.9% loan shark (see the Paradise Papers, millions of documents from a law firm in Bermuda with the business model of making it so that the wealthiest people on the planet, who don’t pay enough tax already, pay even less than the law meant them to). Using just the offices of one corrupt law firm, the owner of England had just hidden offshore, away from pesky taxes, around twenty million dollars… That’s just one account. I am sure the royal thief has more, let all the British kneel!

As I revealed as early as 2009, the Bush-Obama administration “fixed” the world economy by giving money, in humongous amounts to all their friends. Friends, they had, friends they made. Some of these friends were the likes of Saudi Prince Walid Bin Talal, grandson of Saudi Arabia’s founding king, Abdulaziz. Bin Talal is now incarcerated, with another 31 other plutocrats (and 10 princes) in Saudi Arabia.

This is a long story, which is just starting to unfold, part and parcel of what I am talking about here; the Clinton-Obama faction lost control of Saudi Arabia; the notoriously corrupt Al Talal was a dedicated attack dog against Trump. They had so much hubris, the ilk of yours truly could see what they were doing plainly: I wrote many essays, nothing seemed to have happened… Until now. Al Talal controlled Citigroup, so Obama gave it 60 billion dollars (it was presented at the time as a severe loss by the likes of the deliberatively naive New York Times, although appearances can be deceiving: secret arrangements were made; by March 2017, Prince Alwaleed Bin Talal Al Saud was back in control, for all to see, and the CEO of Citigroup came to beg. Clinton and Obama thought they had it made… Oops…

Yes, a common cause is fury at the encroaching plutocratization of the planet. And they are “not so different” as Aeon puts it, because they were installed by the same crowd of conspirators who control the worldwide media.

Radical Salafist Islam is a problem, indeed. However, it was initially entirely made up by some more sinister, much more radical forces which let it fester, or even encouraged it, as they had with many other forms of fascism prior. Those forces have most of the money, hence power, in the world: a few people control most of the world’s wealth, and they meet, and breathe, together, all the time. Please read the “Paradise Papers” which show the queen, the Kushners, the Wilbur Rosses, and Putin’s minions and relatives, among others, all splurging at the same through.

Common criminal. Such reciprocally self-admiring thugs have conditioned the Commons to love, and revere them. Just as sheep have been conditioned to love and obey those who sell them to the slaughterhouse, after shearing them for years.

Those satanic leaders who lead the planet to oblivion are the real radicals:They feed us poison, we, or at least the media they control, that is, nearly all the media, adore them in return (contemplate the maddeningly unjustified Obama, Elizabeth II, Putin, Justin Trudeau and Clinton cults) . And when they do not feed us literal poison. Not only, in a worldwide conspiracy, they feed us “Roundup”. They also feed these recently contrived poisons, Neonicotinoids, found in honey, worldwide, making all of us crazy, stupid, and forgetful like the bees themselves. Worse of all, they feed us, through their evil universities, poison of the highest most spiritual type (full disclosure: I got degrees from Paris, Stanford, Berkeley: I disapprove of them, because I know them, all too well). A violent Islamist such as Tariq Ramadan, a professional advocate of Salafism, teaches in no less than two departments in Oxford, instead of being in jail, after decades on French TV, as if he were the Prophet himself, preaching radical venom.

There are the radicals. A few disgruntled low lives acting up, like the Jihadists and the “Alt-Right“, not to say “Alt-Left“, are just consequences, mostly ornmental.

Plutocratization, in most instances we have among civilizations, take generations, sometimes centuries (it took 550 years for plutocratization to bring total loss of control of the Roman state; it took many centuries in the European Middle Ages, for plutocratization to bring serious civil, religious wars, all over). The US started to plutocratize around 1880 CE.

Catastrophe and loss of control, though, is typically sudden. The Trump administration just declared a 4.7 degree Celsius global temperature rise is possible by 2100. In other words, the apocalypse. No civilization can resist to that. That means a 70 meter sea level rise, guaranteed, and possible partial shut down of planetary oxygen.

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Mainstream thinking, at the highest level, long abusive and demented, is squeezing us and the planet out of all and any juice:

Not the thinking which shows up, when Obama smiles to every one as if they were the most beloved being he ever saw, but the thinking which is acted upon (when same Obama orders assassination in countries the US is not even at war with, just because he can).

“Alt-Right” is a buzzword. It’s not clear what that means. If one thinks Hillary Clinton is a crook and a danger to democracy, is one “Alt-Right”? Infuriatingly, it was too long the case, yes. Clinton would get $200,000 each time she opened her mouth to corrupt financiers, and Obama asks for $400,000 (even when talking to the official US historian). Now it turns out that Donna Brazile, head of the DNC, Democratic National Committee reveals in her memoirs even worse about how Clinton stole democracy from Sanders.

Does that make Donna Brazile is “Alt-Right”, because she dares to declare that she thought of replacing Clinton by Biden before the presidential election? Hundreds of thousands of Sanders supporters, and disappointed ex-Obama faithful, were labelled “Atl Right”, just for supporting common sense…. And democracy

Fascists and communists back in the 1920s and ’30s had full support from many plutocrats, especially in the Anglosphere. Roosevelt sided with Nazism against France, as early as 1934. Nazi Germany became a new far-West for US plutocrats, enabling them to evade Teddy Roosevelt’s anti-monopoly laws. The British signed an alliance with Hitler in 1935 (which grossly violated the Versailles treaty). It’s a testimony to crushing propaganda that these inconvenient facts sound like unbelievable fiction to the mystified masses, and those who pretend to lead them intellectually.

‘Cosmopolitan’ and ‘globalist’ values, now as in the 1930s, are a front for global plutocracy. The king of England in 1936 can be depicted as a Nazi. But who knows this? It was buried by crafty disinformation. The US recognized Vichy, an unconstitutional junta, before the Nazis did, and dutifully president F.D. Roosevelt sent his right hand man, four star admiral Leahy as ambassador.

Elizabeth II makes money (she has never enough) by secretly lending at 99.9% to the poorest people in the UK (see the “Paradise Papers”). Who cares? Accuse the little guys of thinking wrong, and being angry, instead! Let’s side with the powers that be! As Obama did, turning everything into gold for himself (Obama is a personal friend, I care for his soul…).

It’s not “absolutely important to live in so-called “democratic countries”, simply because they are not democratic at all. They are just pretending to be, and north Korea also use the label “Democratic” in its depiction. Barack Obama and all top US politicians are for sale (with the possible exception of Trump himself, because he is already so wealthy!)

Marine Le Pen’s hard-Right National Front and Jean-Luc Mélenchon’s hard-Left UNSUBMITTED France (France insoumise; “unbowed” is less faithful a translation) got half the vote. Both promise more referenda, and proportional parliamentary systems, so can be viewed as promising more democracy.

Those fighting for Jihad are the victim of a double interference. First, the enormous propaganda for Salafist Islam (I was educated in Islam, but it was not Salafist Islam; now, if one disagrees with the infamy of Salafist Islam, a number of paid violators, such as Tariq Ramadan, come to tell us we are racist… just because we are human!)

Salafist islam is profitable to oil men, Aramco, Wall Street, Saudi princes, and all those associated to them (Bush family), and “Muslim” dictatorships, all over, etc

The second factor is the increasing destitution and de-democratization.

Part of the pronblem with the “unmooring” of tradition is the failure of correct education, itself coming from a failure of proper research.

Take the case of France. Please consider Saint Louis (abject anti-Jew and obscene anti “non-believer), Louis XIV (abominable fanatic, throws 2 million Protestants out of France after torturing them with “dragons”, killing thousands, causing a world war, the war of the Spanish Succession), Napoleon (Hitler without the racism against the Jews, something he compensated for by enslaving colored individuals in the West indies). Those preliminaries to Hitler are still revered in the French history textbooks. In truth, Napoleon should carted off the Invalides (built by Louis XIV) and thrown into the Seine, after being condemned to “damnatio memoriam” (as the Romans had it.

So it is the mainstream thinking, at the highest level which has become abusive. The reason? Intellectuals are not free anymore, they are on stipends, anxious about their pathetic little careers.

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Radical Islam is part and parcel, a tool and weapon, of a more general problem. The plutocratization of the world:

Nazism and Sovietism were also part of it. When an oligarchy (a few ruling) gets in power, it can only sustain itself by the most satanic, evil ways: that’s the plutocratic phenomenon, the greatest danger to any civilization. Taxation was invented to prevent the rise of wealth based oligarchies and their ripening in fully metastatic plutocracy. The West was affected twice by plutocratization: the first time, when the Roman Republic turned into a fascist empire and then a theocratic fascist empire where the “heretics” were executed (Theodosius decrees, 391 CE). The second mass plutocratization happened when the Carolingian system turned into the so-called “Feudal” order, and its attendant resurrection of the Inquisition (one the gifts of Theodosius).

We are in the age of the third plutocratization. The US Republic, whatever its defects, was no plutocracy: the first US billionaire was Carnegie, and he was notoriously equalitarian, advocating enormous taxes on the wealthy. The other Republic, France, was also equalitarian, although it was quickly intoxicated by Napoleon.

The third plutocratization proceeds stealthily (as the preceding two did). Lenin used to chuckle that the capitalist would sell the rope to hang them with. But actually what US capitalists such as the Harriman brothers did was the exact opposite. They sold Lenin the rope to hang Lenin with. The US plutocrats sold Stalin massive oil offshore installations (Baku), and the oil was then given to the Nazis, so that they could invade France. Earlier, Texaco had given the Nazis Texas oil, and other US plutocrats provided equipment, so that the Nazis could destroy the Spanish Republic.

Meanwhile, said Nazis had an alliance with the Muslim Brotherhood in Egypt, while US oil men, financiers and plutocrats (including president Roosevelt) made an alliance with the Salafist Islam supported Saudi family. That was a recycling alliance: we, US plutocrats, get the oil, you, Saudi plutocrats, get the money, you, evil Arabian Princes, recycle the money on Wall Street and London, and you, Saudi monarchy, hold We The People of the Muslim countries down, with Radical Islam, the way Roman emperor Theodosius i did it, killing all the “heretics” you don’t like. So here we are.

As long as this is not understood, the foundations of this subject have not been understood.

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Conclusion: We live in the world of big lies. Some will say:’Nothing new!’ However, what is new is that now common people have the means to examine and reveal, these lies. An example: decolonization. Decolonization should be written this way: “decolonization”. Much of it consisted in wild plutocratization, once the “colonial” administrations were removed: consider the fortunes made in France by plutocrats Pinaud, BHL, and even the guy who offered Macron a one million Euro apartment in Paris, when Macron was 24 years old, because an “Inspecteur des Finances” (there are only 5 a year in France, and they are supposed to be after the wealthiest…) had to live in style…

The corrupt web the planet is smothered by extends all over. Brexit, London, Putin, Assad, and some in Trump orbit are all in it. When Obama bent down to the floor, for his master, king Abdullah of Arabia, he had been told that was one of his masters of future financing of his obsequious self. He had been feeding dozens of billions of US money towards this sort of masters. Helas, Trump happened, and Trump detests the Abdullah faction…

Great Britain should be made into a Republic, because no people should be ruled by a loan shark. It’s not just for them, British, but for our own safety, worldwide. After all, these crooks helped bring Nazism, in a past they would like us to believe is irrelevant. (A second Brexit referendum should also be led, once some of the main Brexiters are in jail where they belong: see Special Prosecutor Mueller first indictments..)

All those preaching Radical Salafist Islam should be arrested (for hate crime propaganda). And so on. Tax evasion should be dismantled… for the really wealthy, and that starts with a worldwide, generalized CADASTRE of all properties (a revealing of all properties, real or not: who own what land and interests, in anything, whatsoever).

Don’t hold your breath yet. “Apocalypse” comes from the Old French and ecclesiastical Latin from Greek apokalupsis, from apokaluptein ‘uncover, reveal,’ from apo- ‘un-’ + kaluptein ‘to cover.’ Thus a general uncovering would be an apocalypse. For the radical crooks who exploit us, and the planet, to death. Those who brought us Fundamental Islamism are those who brought us Hitler. Not too many are paying attention that their descendants are in power.

However, if we don’t get this general revelation, this general apocalypse we can manage, we will get the other sort of apocalypse, as found in the Bible or Qur’an: the world all aflame. It will be the first time civilization collapses, worldwide, and the biosphere will, moreover, collapse with it. These, at the very least, are interesting times.

Abstract: Starting with Nixon, the Kennedy-Johnson welfare state became the wealthcare state. The rise of systematic failures such as Lawrence Summers, was instrumental that way.

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Democrats point at Republicans all the time. In truth, they set-up the Wealth Care State just as enthusiastically. Ever since Nixon, all outwardly socially motivated programs grew that monstrosity. (With the exception of G.W. Bush’s senior drug program! Yes, W. the torture man!)

Nixon publicly funded the HMOs, to make a Kaiser richer. Now Obama has extended plutocratic care. Ever since Nixon, plutocracy has made failure into rapture. It did not start this way, quite the opposite: engineering made the USA rich and powerful. Most renewable energy is hydraulic. It’s symbolized by this dam:

President Hoover’s Dam. Engineering, Not Plutophilia

President Hoover’s dam is an astoundingly high 222 meters (like a skyscraper). The reservoir holds 35 billion tons of water (yes, 35 cubic kilometers). The Hoover dam was launched by Sec. of Commerce Hoover in 1922, and construction ordered, early, by President Hoover, mid-1931.

Imagine Obama built something that big… Instead Obama’s idea of bigness is big money from the wealthy, food from their big tables, sleep in their big beds.

The latest thrust towards the Wealthcarestate is a frenzy to make Larry Summers chief of the Central Bank. The usual suspects push for it: the Rubin-Goldman Sachs-Citigroup gang.

Under Obama, Summers was made chief economic adviser, and gave the worst advice imaginable. Irreplaceable. He is now inciting Obama to see ghosts. Says the President (July 2013):

“let’s make sure that we’re growing the economy, but let’s also keep an eye on inflation, and if it starts heating up, if the markets start frothing up, let’s make sure that we’re not creating new bubbles.“

Obama is worrying about inflation?What else? Little green men? Inflation? Which inflation? Obama is keeping an eye on non-existent inflation? What for? No new bubbles? Really? Is not that rich, Mr. President, after your administration gave about 8 trillion, half of GDP, to the biggest, nastiest banks that ever existed? And all this so those nastiest banks and their bankers could pay the immensely greedy Lawrence Summers, Robert Rubin and their ilk? And fit the vision of the world they have, where financiers know best about everything? 8 trillion dollars to replenish criminals, that’s not a bubble?

After the tragedy of the 1930s, we are now enjoying a farce (before it turns again to tragedy!)

Hoover, an engineer from Stanford U., was no idiot, far from it; and he was experienced: the Hoover dam was his baby. But as President he became an idiot by not understanding the extent of the crisis, and providing an insufficient stimulus program, while allowing banks to de-fund the economy. Not that Hoover did nothing: look at his colossal dam above. He just did not do enough.

Now here is Obama: one would expect that he heard of Hoover’s meekness. But all he knows is basket ball, not engineering. Obama does not have a Hoover dam to point at: Obama’s stimulus was mostly a fake. He kept his eye on the ball, indeed, from basket to golf.

Obama could have done something to mark the future, as Hoover did, with the Hoover dam. To this day, most of “renewable” energy is symbolized by the Hoover dam (hydro, worldwide, is on its way to pass gas in electricity generation).

What could have Obama done to mark the future with more than basket or golf balls? Get himself genuinely brainy advisers, not just greedy chickens, pecking away (Summers style). An obvious little project would have been Very High Speed trains, where they nearly exist, along the North East corridor or where they are guaranteed to be profitable, as in California.

Much more pharaonic and futuristic would have been for Obama to preside over a massive solar project in the South West USA.

The South West USA is the world’s best place for solar energy (due to solar energy guaranteed & proximity of enormous California, and its two giant metropolises, plus great safety). But Obama did not notice: all he has, is his “eyes on the ball”. The basket ball, historically, and now the golf ball. That’s the balls he knows. Not ball-bearings, not an engineer, just a player.

Yes, Obama gave a bit of money here and there (Mostly to Elon Musk, because he is a tall, good-looking rich South African). Stimulus-wise, Obama is a dwarf Hoover that built dams never higher than a few meters high.

Some will scoff I am unfair to Obama. But I have been too generous: Obama is Hoover in full reverse. Hoover used the power of the government to build a giant dam (so did FDR, only more so). Instead Obama used the power of the government to give money to plutocrats.

A non banking example? Elon Musk and space X, and the like: NASA money has been detoured to give to that clique, to the point NASA does not have enough money to develop the successor of Saturn V… (Finally decided 40 years after Nixon buried it!… except Musk stole the money…)

We have a Great Depression, but Obama has not noticed, because he only listens to Goldman Sachs (historically his greatest source of funds to get elected)! Indeed, Goldman Sachs’s owners are doing great. Obama breathes Goldman Sachs and its ilk. Such as Citigroup.

Goldman Sachs, Citigroup, etc. were all broke. What did Obama-Summers do? Each of the broken banks got about 60 billion from taxpayers, but Obama failed to acquire those properties taxpayers had paid for. So the plutocrats that controlled those institutions still do, and that’s why Rubin’s Citigroup and its immensely paid creatures (such as Lawrence Summers) are resurfacing from the abyss, stronger than ever. Well fed by clueless, pathetic taxpayers.

Why do we have a great Depression? Because presidents of USA such as Nixon, Ford, Reagan, Bush, Clinton, Bush, Obama thought small, supposing they thought at all. Nixon ordered the stupid Space Shuttle instead of improving enormously the fantastic Saturn V (as it was easy to do, and Von Braun wanted), and Nixon conceived the stupid HMOs crony capitalism (= plutocracy).

The corrupt (What else?) Summers is paid by Citigroup (founded by Goldman’s Robert Rubin, B. Clinton’s main minder.) According to the Wall Street Journal, Saturday July 27, 2013: “Mr. Summers is getting millions from a number of other financial firms.

Making Summers central bank chief, reminds me irresistibly of the nomination of H. Schacht at the head of the German central Bank.

Schacht, a pawn of the American plutocrat JP Morgan, enabled Hitler. Was it under orders? Schacht was tried at Nuremberg, and rebounded nicely as a master world plutocrat afterwards (he was obviously protected; he was best silent, as he knew all about Hitler’s mighty financiers).

Quantitative Easing (QE) enthusiasts advocate the idiotic, but highly profitable to them, notion that the economy is all about money: just send enough money to the financiers, and they will make the world right for you (such is the main idea of QE).

Many “democratic” economists have advocated QE: send trillions to buy off the (unprosecuted) banking criminals. And thus most of what Obama did was to implement the notion of sending, according to the esteemed economist and lawyer William Black, and also according to the inspector of TARP, and evidence, trillions to the very banks that created the 2008 disaster. (This is not just my opinion anymore: even the Wall Street Journal agrees now, see below!)

(The banks used a bit of that money to “reimburse” TARP, enabling big reassuring titles in the Main Stream Propaganda: “Banks/Companies Reimburse Government Loans”).

Perfect for a world where the financiers in power decide who deserve money (namely themselves and their friends: why do you think Obama spent years calling Jamie Dimon, the daemon head of JP Morgan, “my friend”?)

Thus caring about the economy was straight WEALTH CARE: take care of the rich, they will do the rest. Reagan (“Ray Gun”?) got the ball rolling all over industry. Thanks to Goldman Sachs, Rubin, Summers, Clinton (in that order), it was extended to all financiers, drugged out on derivatives, in the 1990s.

Nixon has started HMOs by giving billions to private companies for Health Maintenance Organizing (HMO). The idea had been suggested to him in the Oval Office by the head of Kaiser Permanente, the industrialist Henry J. Kaiser. (Recent profits of Kaiser are of the order of 2 billions, and its revenue 50 billion; it’s the largest HMO in the USA).

Just as Obamacare flaunts the notion that stock exchanges and turning patients into shoppers will be the royal road to health care. Just send enough money to private insurance companies and health care plutocrats, such as Warren Buffet, Obama’s self interested adviser, and, little people, they will take care of you, thanks to the benevolent (and ‘invisible’!)hand of the market.

QE enthusiasts are propagandists for plutocracy. Just like many of the health care advocates are just poorly disguised wealth care fanaticswho see more government subsidies coming their way.

Fine. This is what a plutocracy (aka “crony capitalism”) is all about. What’s not fine is when conscientious liberals fall for these schemes and howl in their favor for years. If one wants a society that cares, one builds a society that cares, and one does not simply throw money at the problem. That latter scheme is not new: Roman emperors practiced it for centuries, until the flood of money had corrupted the entire civilization.

Money even corrupted the most basic intelligence of the elite. When society is exclusively organized by money, there is no room for true intelligence. Even the Wall Street Journal, July 27, 2013, is finally understanding (five years after I got alarmed by Obama’s seduction by Summers!):

“Mr. Summers is a master at “failing up.” Screw up at one job, get a better one. He’s now considered a front-runner to replace Federal Reserve Chairman Ben Bernanke in January.

Mr. Bernanke’s response to the financial crisis has been to digitally print trillions of dollars and give most of it to the biggest banks that caused the crisis. This seems to have averted another Great Depression, but at what cost? Eventually, the Fed must ease this money out of the system…

Meantime, President Obama launched yet another campaign to help the middle class. “With this endless parade of distractions and political posturing and phony scandals, Washington’s taken its eye off the ball,” he complained last week in Galesburg, Ill.

He blames Washington, even as he leads Washington. One reason why the middle class is still suffering is because Mr. Obama has a knack for putting the same people who ruined the economy in charge of fixing the economy.“

Well, it’s not a knack, it’s a system. There is constant commuting between the Obama administration and the institutions that got the most money from said administration. The woman who wrote so called Obamacare, a high level (VP) health care insurance executive, went back where she came from, after she was done. Single payer, American style: one woman, singularly paid.

But let’s look at the bright side. The Wall Street Journal’s broadsides against Summers are hilarious, and gratifying; the critiques above I put in bold letters I advocated for 4 years at least. At the time, most would have described my ideas as rabid, irrational leftism. In truth, it was only the truth.

The traditional method to deal with bank-ruptcy of banks is to nationalize them: stakeholders get wiped out, management thrown out, the state brings in what’s needed to keep the bank going, and then sells it back to the private sector. This is fair: banks have a monopoly on money creation, granted by the state. Although privately managed, they are still agents of the state. This is efficient: it punishes malfeasance. And it costs taxpayers, thus, We The People, nothing: all the money is brought by the wealthy, twice.

Faced with the bankruptcy of thousands of a type of banks, the S&Ls, Reagan and Bush Senior followed scrupulously the nationalization method.

Yet the American subprime/European malinvestment crisis of 2008 was dealt in the opposite way: money was just grabbed from taxpayers, and given to the criminals, the banksters. Why? So they could do it again? Bush, Paulson a steroid laden football player who was made president of Goldman Sachs, before becoming Treasury Sec., Nancy Pelosi, a plutocrat daughter of somebody, head of Congress democrats, Obama, the basket ball man, and Lawrence Summers took all the decisions, and gave no explanation, except that they saved the world!

Verily, they saved nothing, except an established order that had blossomed in an orgasm of over-exploitation. What they did, was to Transfer Assets to Rich People (TARP), and impoverish everybody else.

So why Reagan and Bush Senior behave fairly, and the politicians of 2008 so dishonestly? Because the world political class of 2008 was much more corrupt than that of 1998.

How did it get there? Under Clinton, that is the reign of Goldman Sachs-Rubin-Summers, corruption got away from any critical examination. That allowed it to reach a crtitical mass. Summers had a screaming fit against the lady heading the Futures’ Commission, insisting, as he did, that financial derivatives ought not to be regulated (under Harvard president Summers’ supervision, that University lost a billion dollars in derivatives trades, meaning students’ money was transferred to plutocrats).

The same lady, Sheila Bair, was unpopular in the Obama administration, just as the highly qualified Fed Vice President, Janet Yellen.

What’s the problem with those women? They are more careful that the men, being more emphatic. Somebody such as Summers believe that greed is the noblest engine of humanity, and government should serve greed. The welfare state is their enemy, the wealth care state, their solution. They have understood nothing to humanity. And even less to how Earth works.

Lawrence Summers helped ruin Russia (by giving Yeltsin terrible advice) and turned it away from democracy, and back to the KGB. Lawrence Summers made the economy of the West “derivative”. Worse than him, there is not. Thus, Summers is intensely attractive to those whose wealth depends upon ruining the rest of mankind.

Summers? Irresistible to the Obama administrators: that’s where the money is. Citigroup will reward them. Amen.